Before Time Flies

I know that it's trite, but time sure does seem to fly by. And as I get older it seems to go by even faster. I recently asked a friend who will soon turn 92 if the pace continues to increase as we age. The scary answer he gave was 'yes it does'.

So it's not surprising that people say that they don't have enough time to do everything. And, that's true. But it's also true that we make time to do the things that are important to us.

Last week the Federal Reserve raised interest rates again. Something that they plan on doing repeatedly for awhile. So now is the time to make financial moves to take advantage of the change.

If you have a variable mortgage or a fixed mortgage with a rate above 5% now is the time to refinance. If you wait it will cost you. Yes, it'll take some effort. But wouldn't it be wise to spend 10 or even 20 hours now to save hundreds of dollars every month? We've created a page that can help you compare rates and easily apply for a lower rate fixed mortgage.

Higher interest rates for the banks will mean higher rates for consumers. If you're carrying a credit card balance you should see if there's a better rate available. The higher your interest rate the harder it is to pay off credit card debt.

Savers have an opportunity. For years we've been earning low rates on our savings. Now that that's starting to change you want to make sure that you earn all you can. Even a fraction of a percent will add up as it compounds over time. We've made it made it easy for you to find the best rate for your savings. You worked hard for your money. Shouldn't it work hard for you?

I know. You're busy. So am I. But if reducing debt and accumulating wealth are important to you then it's time to do more than just read about it. Make the time to take some action.

Keep on Stretching those Dollars!Gary

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